Relive how the 90 minutes of action unfolded with Sports Mole's live text coverage below.
STARTING XI: Mignolet; Camacho, Fabinho, Lovren, Moreno; Milner, Keita, Jones; Shaqiri, Sturridge, Origi
SUBS: Kelleher, Hoever, Alexander-Arnold, Christie-Davies, Mane, Salah, Firmino
STARTING XI: Ruddy; Boly, Coady, Bennett; Vinagre, Neves, Moutinho, Dendoncker, Jonny; Jota, Jimenez
SUBS: Norris, Doherty, Cavaleiro, Costa, Gibbs-White, Saiss, Traore
Nuno Espirito Santo: "We know it's a fantastic team and manager. It's going to be very tough, we must prepare well. They are very organised, very intense, have individual quality, press well, and their counter-attack is one of the best there is."
Jurgen Klopp: "How can we speak in the first round of the FA Cup about winning it? It's a very important competition but we have to make sure we can play with the right intensity. For this you need - if you can do it - to make changes. We want to win everything but you cannot win it in the first game."
WOLVERHAMPTON WANDERERS SUBS: Norris, Doherty, Cavaleiro, Costa, Gibbs-White, Saiss, Traore
LIVERPOOL SUBS: Kelleher, Alexander-Arnold, Christie-Davies, Mane, Salah, Firmino